By: Mauricio Alencar

Politics and Economics Reporter Maurício Alencar is City AM’s Politics and Economics Reporter. He covers the state's relationship with the City of London and UK business, jumping between Westminster and the Square Mile. He picks up all stories on UK economics data ranging from inflation to immigration, as well as the Bank of England, the Treasury, business surveys, and all stories important or interesting to the decision-makers. He used to cover sports, foreign news and home news at various publications – plus investigations, which he plans to continue to pursue.

Connect on socials

All 1015 Articles

Fed expected to hold interest rates and vex Trump

May 7, 2025

The US Federal Reserve will not bring interest rates down until July, Goldman Sachs has predicted, in what may spark a fresh conflict between President Trump and Fed chair Jerome Powell. The world’s most powerful central bank has held back from making interest rate cuts due to a foggy outlook on what a trade war [...]
UK construction crumbles in April as ‘bumpy ride’ continues

May 7, 2025

UK construction endured another month of collapsing output in April, new research has suggested, in signs that a turnaround in the sector is still distant. The sector has now seen a decline in output over four consecutive months, according to S&P Global’s newest purchasing managers’ index (PMI). Civil engineering remained the weakest area of construction [...]
What a trade deal with India means for the UK

May 7, 2025

The UK government is heralding a “new era” for British business: after three years of negotiations, a free trade agreement has been signed with India. This is the third agreement the UK has brokered since Brexit and it is also the biggest of them all, given India is the largest single economy that the UK [...]
London still ‘second most attractive market’ for dealmaking post-Brexit

May 7, 2025

The UK saw the second highest level of dealmaking between 2018 and 2024, new research has suggested, reflecting London’s status as a key financial hub despite claims its status would be reduced post-Brexit. Mergers and acquisitions in the UK hit $1.14 trillion in value over six years, coming only second to the US where a [...]
Bank of England to delay interest rates decision – by two minutes

May 6, 2025

The Bank of England will delay the release of its latest decision on interest rates this Thursday – by two minutes. The highly unusual change was made to accommodate a two-minute silence to commemorate Victory in Europe Day this week. It means Brits will only be informed about the Monetary Policy Committee (MPC)’s decision to [...]
UK services sent into decline amid ‘market turbulence’

May 6, 2025

UK output was sent into decline by “market turbulence” in April for the first time in one and a half years, prompting fears that Chancellor Reeves’ £40bn tax raid last autumn was damaging the country’s services economy. The services sector, which is seen as the engine behind UK growth, had been on a 17-month winning [...]
Non-dom exodus could cost the Treasury £12.2bn

May 6, 2025

Chancellor Rachel Reeves’ decision to remove tax exemptions for non-doms could lead to “billions” in losses from the public purse, new research has suggested, in a blow to the Treasury’s fiscal plans. Reeves followed through with manifesto pledges by removing tax exemptions from mega-rich non-domiciled individuals at last year’s Autumn Budget, something the Office for [...]
EY: Profit warnings surge points to ‘economic shock’

May 6, 2025

Nearly one in five listed companies have told investors that they expected profits to decline in the past twelve months, new research has suggested, reflecting firms’ vulnerabilities to higher taxes and damaging tariffs. Chancellor Reeves flattered investors in the run-up to last year’s election, calling Labour the “natural party of business”. But a new report [...]
UK tariff threats put small businesses on alert

May 6, 2025

UK small businesses have already taken steps to reduce trading with the US amid a temporary reprieve from tariffs, a leading industry group has suggested. The Labour government is yet to rule out retaliatory tariffs on US goods given President Trump’s trade war could hit UK exporters in under three months. But new research indicates [...]
When words matter more than numbers at the Bank of England

May 5, 2025

City analysts have pencilled in their predictions for Thursday. Here’s how almost all of them likely read. Interest rates will be cut to 4.25 per cent, the Bank of England’s inflation forecast for this year will exceed its two per cent target and President Trump’s tariffs will be highlighted as a detriment to UK growth. [...]

Nine in ten hospitality job switchers quit the sector

Alpine boss confirms four potential buyers, including Mercedes, for F1 team

Spirit of Speyside Whisky Festival to drive millions into Scotch sector

By: Mauricio Alencar

All 1015 Articles

Subscribe